ID :
125626
Wed, 06/02/2010 - 14:19
Auther :

Russia consolidating positions in investor rankings - report.

PARIS, June 2 (Itar-Tass) - Russia is consolidating its positions in the international investor rankings and it has entered the list of world top five countries as regard the numbers of acquired new business projects.

This information is cited in a report that will be made public
Wednesday at Eighth World Investment Conference in the town of La Baule on
the French Atlantic coast.
Russia has secured very reliable positions in its region in spite of
the ongoing economic crisis, Marc Lhermitte of the Ernst & Young
international auditing company told Itar-Tass.
Over the past several years that Ernst & Young has been doing research
in Russia, one could clearly see Russia's rise, Lhermitte said describing
the Russian Federation as a big country, which boasts a major market for
investment.
He indicated that large and medium-size European companies show an
ever-increasing interest in the Russian market and as soon as global
economic growth resumes and they regain the capability to invest, one
enterprise in two plans investing in Russia then as shown by polls.
European businesses are thus demonstrating the same of level of
interest in the Russian market as in the U.S. one.
Lhermitte pointed out the great attractiveness of the Russian market.
Russia has a large economy that is playing one of the major roles on
the European continent, he said.
Still, Lhermitte indicated that Western business quarters express some
wishes along with expectations, and one of them is the wish for greater
transparency and openness, as well as the assimilation of the European
style of conducting business operations.
The companies that are eyeing plans for Russia hope to find all the
necessary business infrastructures there like banks, legal institutions
and information services, Lhermitte said.
He said that dynamics in economic activity is found in all the
countries of the 'rising seven' that includes, apart from Russia, Brazil,
India, China, Turkey, Indonesia, and Mexico.
Experts indicate that the combined gross domestic product in these
countries may exceed by 20the gross domestic product of the traditional
"group of seven" - the U.S., Japan, Germany, Britain, France, Italy, and
Canada.
Researchers say globalization is entering a second stage now and it
will facilitate the emergence of economy of the regions where, while the
epoch of traditional economic models where the U.S. had the absolute
leadership will become a thing of the past.

.Soyuz spaceship with 3 cosmonauts aboard undocks ISS.

KOROLYOV, Moscow region, June 2 (Itar-Tass) - Russian spaceship Soyuz
TMA-17 with three members of the crew of the International Space Station
undocked from the ISS at 04:04 Moscow daylight saving time /00:04 GMT/ and
began a return flight towards the Earth.
Russian cosmonaut Oleg Kotov, U.S. astronaut Timothy Creamer, and
Japanese astronaut Soichi Noguchi are expected to land in an area 145
kilometers to the southeast of the city of Dzhezkazgan in Kazakhstan at
07:24 Moscow time /03:24 GMT/ after an orbital mission that lasted 163
days.


.Soyuz spaceship with 3 cosmonauts aboard undocks ISS.
(adds)
KOROLYOV, Moscow region, June 2 (Itar-Tass) - Russian spaceship Soyuz
TMA-17 with three members of the crew of the International Space Station
undocked from the ISS at 04:04 Moscow daylight saving time /00:04 GMT/ and
began a return flight towards the Earth.
Russian cosmonaut Oleg Kotov, U.S. astronaut Timothy Creamer, and
Japanese astronaut Soichi Noguchi are expected to land in an area 145
kilometers to the southeast of the city of Dzhezkazgan in Kazakhstan at
07:24 Moscow time /03:24 GMT/ after an orbital mission that lasted 163
days.
In the meantime, Russian cosmonauts Alexander Skvortsov and Mikhail
Korniyenko and U.S. astronaut Tracy Caldwell Dyson who will keep guard of
the station until the arrival of a new reinforcement scheduled for June
18, will stay awake through to 04:30 GMT, or roughly an hour after the
Soyuz TMA-17's projected landing.
The trio's wakeup is scheduled for 13:30 GMT, after which each of them
will have several hours for private activities, as Wednesday is a day of
leisure time after seeing off their colleagues.
Bedtime will be at 22:30 GMT, and the crew will revert to the routine
work schedule as of Thursday.
-0-kle


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